Texas Insurance Code 3503.003 – Designation of Agent by Corporate Surety Required
Current as of: 2024 | Check for updates
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Notwithstanding § 3503.002, in specifications by a municipality for work or supplies for which sealed bids are required, the municipality may require that a corporate surety tender designate, in a manner satisfactory to the municipality, an agent:
(1) who is a resident of the county in which the municipality is located; and
(2) to whom any required notices may be delivered and on whom process may be served in matters arising out of the suretyship.
